The price of electricity soars this Monday: the best hours to turn on the air conditioning
The average cost of electricity stands at 99.89 euros per megawatt hour
Valencia 21/06/2026 at 19:48h.
The price of electricity this Monday 22 June 2026 stands at 99.89 euros per megawatt hour (euros/MWh), a very notable increase that is almost double the 56.77 euros/MWh on Sunday, according to data published by the Operator of the Iberian Energy Market (OMIE).
In this sense, those looking to save a few cents on their electricity bill can look at which are the cheapest hours to plug in appliances. The cheapest stretch is again in the central hours of the day and will become more expensive towards the night.
Electricity price by hour
The price of electricity on Monday 22 June will be cheapest from 13:00 to 14:00, when it will reach 35.68 euros/MWh. The most expensive stretch will be from 22:00 to 23:00, when it will be paid at 185.90 euros/MWh.
Electricity price by hour
| Time slot | Euros/MWh |
|---|---|
| 00:00-01:00 | 123.60 euros |
| 01:00-02:00 | 118.91 euros |
| 02:00-03:00 | 113 euros |
| 03:00-04:00 | 95.10 euros |
| 04:00-05:00 | 90.70 euros |
| 05:00-06:00 | 93.28 euros |
| 06:00-07:00 | 110 euros |
| 07:00-08:00 | 130.41 euros |
| 08:00-09:00 | 130.41 euros |
| 09:00-10:00 | 118.91 euros |
| 10:00-11:00 | 88.09 euros |
| 11:00-12:00 | 71.01 euros |
| 12:00-13:00 | 49.66 euros |
| 13:00-14:00 | 35.68 euros |
| 14:00-15:00 | 37.23 euros |
| 15:00-16:00 | 49 euros |
| 16:00-17:00 | 60 euros |
| 17:00-18:00 | 78.91 euros |
| 18:00-19:00 | 83.68 euros |
| 19:00-20:00 | 107.32 euros |
| 20:00-21:00 | 130.41 euros |
| 21:00-22:00 | 175.38 euros |
| 22:00-23:00 | 185.90 euros |
| 23:00-24:00 | 159.16 euros |
VAT reduction
The Government has implemented measures to try to minimise the impact of the war in the Middle East on the economy due to the sharp rise in energy prices, with oil again above 110 dollars. After a high-voltage Council of Ministers, the Prime Minister, Pedro Sánchez, announced the mobilisation of 5,000 million euros in measures that, according to his estimates, will benefit 20 million households and three million companies.
These measures - most of them in force until 30 June, for now - will focus on tax cuts on energy and direct aid to the sectors most affected by a conflict that, according to Sánchez, "nobody knows how it will evolve".
One of the most notable measures is the reduction from 21% to 10% of VAT on diesel, petrol and other hydrocarbons, with the aim of curbing the blow of rising oil prices when filling the tank. Calculations by the Ministry of Finance indicate that this adjustment will mean savings of 507 million for Spaniards.
Households will also benefit from a reduction to 10% VAT on energy consumption bills, which will generate savings, according to Treasury calculations, of 539 million.
The measure will affect electricity supply contracts that do not exceed a power of 10 kW. This means that it will apply to almost all households in the country, including those that enjoy the social bonus or have been recognised as severely vulnerable. This reduction to 10% VAT will also apply to natural gas, briquettes and pellets. At the same time, the Special Tax on Electricity is reduced from 5.1% to 0.5%. And finally, the Tax on the Value of Electricity Production (IVPEE) is temporarily suspended. On the other hand, the price of the traditional butane cylinder (12.5 kg), currently at 16.35 euros, is frozen.
Tips to save on your electricity bill
To reduce consumption and lower your electricity bill, you can follow these tips:
Appliances
To reduce the consumption of household appliances, it is advisable:
- Unplug appliances when you are not at home for a long period (holidays). Especially the fridge-freezer which consumes up to 30% of the total household consumption.
- Avoid leaving them on 'stand by' as they still consume, even if not in use.
- Try to take advantage of sunlight hours for drying clothes.
Hot water
It would be advisable to always:
- Use hot water sparingly. It is recommended to pay attention so that a tap is never left running longer than necessary.
- In general, a water temperature between 30ºC and 35ºC may be sufficient.
Lighting
It is advisable:
- Progressively replace incandescent and halogen bulbs with LED technology, as it uses ten times less power than incandescent bulbs and has a ten times longer lifespan, saving up to 85% of energy.
- Make the most of natural light by turning off lights in naturally lit areas and whenever there are open spaces or glass walls that contribute to passive surveillance.
